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July 2011

Cameroon: Towards better service delivery

Raju Jan Singh's picture

The quality of service delivery is fundamental for people's wellbeing, especially for the poor. This is why the situation in Cameroon is worrisome.

Indicators for service delivery in Cameroon tend to trail behind those observed in countries at similar income levels; and for indicators such as primary school completion or child mortality, the country does even worse than the average for Sub-Saharan Africa.

Cameroun: Vers de meilleures prestations de services

Raju Jan Singh's picture

La qualité  des services publics est fondamentale pour le bien-être de la population, en particulier les pauvres. C’est la raison pour laquelle la situation au Cameroun est préoccupante.
 
Les indicateurs de prestations de services au Cameroun sont généralement inférieurs à ceux de pays ayant des niveaux de revenu similaire.

Which Households Use Banks? And Does Bank Privatization Make a Difference?

Thorsten Beck's picture

Access to banking services is viewed as a key determinant of economic well-being for households, especially in low-income countries. Savings and credit products make it easier for households to align income and expenditure patterns across time, to insure themselves against income and expenditure shocks, as well as to undertake investments in human or physical capital. Up to now, however, there is little cross-country evidence which documents how the use of financial services differs across households and, in particular, how cross-country variation in the structure of the financial sector affects the types of households which are banked. In a recent paper with Martin Brown, we use survey data from 28 transition economies and Turkey to:

  1. document the use of formal banking services (bank accounts, bank cards and mortgages) across these 29 countries in 2006 and 2010,
  2. relate this use to an array of household characteristics,
  3. gauge the relationship between changes in bank ownership and the financial infrastructure (deposit insurance and creditor protection) over time within a country and changes in the use of banking services, and
  4. assess how cross-country variation in bank ownership structures, deposit insurance and creditor protection affect the composition of the banked population.
     

Tell us – is there a missing market for collaboration on surveys between WB staff, researchers and students?

David McKenzie's picture

The thought has occurred to me that there are more people than ever doing surveys of various sorts in developing countries, and many graduate students, young faculty, and other researchers who would love the opportunity to cheaply add questions to a survey. I therefore wonder whether there is a missed opportunity for the two sides to get together. Let me explain what I’m thinking of, and then let us know whether you think this is really an issue or not.

The Child’s Name is Independent Day Moses

Herbert Boh's picture

The clock stroke midnight on July 9 sparking an eruption into joyous madness as citizens of Juba broke into dance, song, horn honking, drum beats, blasts of the vuvuzela, and the ululations of women to celebrate the advent of South Sudan’s day of independence.

In the labor room of Juba University Teaching Hospital, Josephina, the mother of three other children was being encouraged: “A little more effort. Push!”

Unexploited Gains from International Diversification: Patterns of Portfolio Holdings around the World

Sergio Schmukler's picture

The increase in global financial integration over the last twenty years has been remarkable, and U.S. institutional investors have been significant participants in this growth. Given standard economic theory, one would expect to see greater international diversification accompanying the expansion of global investment opportunities. To date, however, evidence on how investors actually allocate their portfolios around the world and what determines it is still limited.

In a joint paper with Roberto Rigobon, we aim to fill the gap in the literature by constructing a unique micro dataset of asset-level portfolios for a group of important institutional investors, namely US mutual funds with international investments. To shed light on the drivers of globalization and investment across countries, we explore the structure of mutual fund families. We make within-family comparisons of the behavior of “specialized funds,” which can invest only in certain countries or regions, and “global funds,” which can invest anywhere in the world and thus have access to a larger set of instruments (more firms from more countries).

Addressing South Sudan’s Impediments to Regional Trade

Gözde Isik's picture

South Sudan became the world’s newest nation on 9 July 2011, making it Africa’s 54th country. Independence brings enormous opportunities to South Sudan to increase its integration into the regional economy but also substantial challenges to put in place a policy and security regime that facilitates cross-border trade. The 2005 peace accord that ended Africa's longest-running civil war has led to a significant growth in demand in South Sudan, ushering in a new era of increased regional trade, in particular, with Uganda.

News at 11: The Millennium Development Goals

Eric Swanson's picture

Secretary General Ban-ki Moon released the 11th annual report on Millennium Development Goals last Friday at the high level meeting of the Economic and Social Council in Geneva (MDG 2011). Issuing an annual report on progress toward the MDGs was a commitment made by his predecessor, Kofi Annan.


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